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Nifty Outlook and top trading ideas by CapitalVia Global Research Limited

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Markets, Buy, Sell, Stocks
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Gaurav Garg Mumbai
Nifty View

The Nifty traded lower on Wednesday, after gaining for three consecutive trading days. It managed to close at 11,046.10 shading 59.25 points. Banking and automobile shares were in pain and we saw buying in IT stocks as Rupee depreciated on intraday.  Niftybank shed 1.14 percent and closed at 27,804.30, losing 321.85 points, which hurt the market sentiment. As per option data, huge call writing at 11,100 will act as major resistance, we saw put unwinding on the strikes ranging from 10,500 to 11,200 showing weakening of base.  In the remaining week, we could see market taking support at

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First Published: Aug 30 2019 | 7:43 AM IST

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